Michelle and Zelensky discuss creation of Solidarity Fund for Ukraine

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New communication with the President of Ukraine Volodymyr Zelensky had on Friday o Charles Michelas he informs.

In a related post, the President of the European Council noted: “I shared with President Zelensky how we are collectively strengthening our support in Ukraine. We discussed specific elements in the ongoing negotiations between Ukraine and Russia».

He added that there is support for “Establishment of a Solidarity Fund for Ukraine to assist in the provision of basic services and to meet the immediate needs of citizens».

According to Mr. Michel, “The fund will provide liquidity for continued support to the authorities and in the long run will serve as the backbone for rebuilding a free and democratic Ukraine as soon as hostilities cease. Partners could contribute to the Fund through an international donors’ conference».

In addition, according to the EIA, the two presidents discussed the fact that Ukraine needs access to international liquidity to finance imports basic needs and military equipmentas in the current circumstances Ukraine is not able to issue bonds in the international financial market to meet its needs, while private investment is withdrawn.

In his own post, the Ukrainian president said that contacts with Charles Michel were also about his country’s participation in the European bloc, something he discussed earlier on Friday with the President of the Commission.

Source: News Beast

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